Multifamily Property with Finished
For Sale
Contact for pricing
806 W Ohio Street, Urbana, IL 61801
Three-floor converted house with paved rear parking and R-7 zoning near the University of Illinois campus.
Property SizeContact for details
Days on Market142
Property Features for 806 W Ohio Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Abe Lincoln Realty
(217) 840-9978
Listed By:
Philip Fiscella · License #IL 471.001016
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Abe Lincoln Realty
Investment Insights
Based on property information with market context.
This multifamily property is a converted house arranged across three floors with an additional finished basement. The property includes paved parking at the rear, and its electrical system was updated circa 2009. R-7 zoning is in place, and tenants are responsible for all utilities.
The property is located near the University of Illinois campus and is rented to a group for the 2025–26 school year. The lease reflects a 6.1 GRM, with sewer, trash, and internet billed back to tenants. The lessee is a corporate entity.
The property is located near the University of Illinois campus and is rented to a group for the 2025–26 school year. The lease reflects a 6.1 GRM, with sewer, trash, and internet billed back to tenants. The lessee is a corporate entity.
Key Highlights
- Three‑floor converted house with a finished basement
- R‑7 zoning
- Paved parking at the rear
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,374
Businesses Nearby
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Business Placement
Demographics for 61801, IL
27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three-floor converted house with paved rear parking and R-7 zoning near the University of Illinois campus.
Where is this multifamily property located?
The property is located at 806 W Ohio Street Urbana, IL.
What are key features of this property?
This property features: Three‑floor converted house with a finished basement; R‑7 zoning; Paved parking at the rear
